Xanadu Reports Revenue Jump in First Quarterly Earnings Report
Insider Brief Xanadu reported a sharp increase in revenue and outlined plans for expanded manufacturing and capital access as...
NEWS
Canada
Nord Quantique Reaches $1.4 Billion Valuation in Fidelity-Backed Financing
Insider Brief Another Canadian Q-unicorn has been spotted. Canadian quantum startup Nord Quantique has reached a valuation of roughly...
Canada Gains Access to Pasqal Quantum Systems via PINQ²
Insider Brief PRESS RELEASE — PINQ² (Digital and Quantum Innovation Platform) today announced it has become the exclusive Canadian...
SBQuantum Closes Oversubscribed $4 Million Seed Round, Announces New CEO And U.S. Expansion
Insider Brief PRESS RELEASE — – SBQuantum, the first company delivering quantum diamond magnetometers capable of providing accurate and...
BMO Announces Partnership with Quantum Industry Canada and Chicago Quantum Exchange
Insider Brief PRESS RELEASE — BMO today announced new partnerships with Quantum Industry Canada (QIC) and the Chicago Quantum...
Canada Invests $900 Million in Quantum Technology for Defence Applications
Insider Brief PRESS RELEASE — Today, the Honourable David J. McGuinty, Minister of National Defence, on behalf of the...
Xanadu Quantum SPAC Deal Approved, Targets $302 Million Raise
Insider Brief PRESS RELEASE — Crane Harbor Acquisition Corp. (“Crane Harbor”) (Nasdaq: CHAC) today announced that its shareholders approved...
Xanadu in Talks For Up to C$390 Million From Canada And Ontario to Advance Quantum Manufacturing
Insider Brief PRESS RELEASE — Xanadu Quantum Technologies Inc. (“Xanadu”), a leading photonic quantum computing company, today announced that...
Canada’s Defence Strategy Lists Quantum Among High-Value Sectors
Insider Brief Quantum technology is taking another step toward the center of Canada’s national security and industrial policy, based...
Quobly Opens Canadian Subsidiary to Expand North American Quantum Operations
Insider Brief PRESS RELEASE — Quobly strengthens its presence in North America with the opening of a Canadian subsidiary,...